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Search Results 61 to 160 of about 256 (some duplicates have been removed)
CBS
Jan 2, 2013 6:00pm EST
of financial turmoil, at least for now, after the house passed a tax plan late last night and sent it to president obama. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we look at how the vote came about and sort through some of the political consequences as a result of what's in the bill and what's not. >> brown: then, new killings in pakistan, we look at the uptick in violence against aid workers and women teachers with "washington post" foreign affairs reporter pam constable. >> woodruff: paul solman takes us inside a company that turns a profit by employing an unusual workforce. >> a massachusetts manufacturing firm founded in 1932 where the median age is 74 and rosa finnegan over there, is 100. >> brown: and ray suarez talks with journalist and author claudia kolker about what she calls "the immigrant advantage." >> i began to ask foreign-born people what i call the question: what's the smartest thing that people did in your home country that you want to hang on to while you're here and the rest of us ought to copy? >> brown: th
CNBC
Dec 27, 2012 3:00pm EST
ourselves in, and the last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i would say we're frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. literally for months, a plan that would simplify the tax code and shrink the deficit, protect the taxpayers and grow the economy. democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. this was even after he got re-elected and congressional democrats sat on their hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. the phone never rang, and so now here we are five days from the new year, and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal, and if they had something to fit the bill, i'm sure the majority leader would have been able to deliver the votes the president wou
MSNBC
Jan 2, 2013 2:00pm PST
to the u.s. economy. >> congressman, last night president obama warned republicans not to try to turn raising the debt ceiling into a fight for cutting spending. take a look at what he had to say. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. >> what leverage does the white house have left if they've already now played the card on the precipice of the fiscal cliff with the election result at their back. why now going forward would they have the leverage to entertain some type of a grand bargain or to not have to negotiate over the fiscal -- the debt ceiling limitation. >> the answer is none, michael. when i heard the president said that, i thought good luck with that. >> right. >> the one thing that this republican-dominated congress has proven over the last four years that it can do is nothing. but we had two points of leverage. they had to deal with the sequ
ABC
Dec 31, 2012 5:00am EST
over the last minute legislation to avert the cliff and president barack obama called for immediate action that there was no vote in the senate. majority leader, harry reid says lawmakers negotiated through the night and expected to come together around 11:00. if congress doesn't agree, spending cuts will go in to effect and we will pay more taxes. the impact is more than $3400 in a year. >>> she was supposed to return to work this week, instead, secretary of state, hilary clinton is in the hospital. treated for a blood clot that resulted after a fall earlier this month. >> reporter: hilary clinton was admitted to new york presbyterian hospital with a blood clot from a concussion she suffered several weeks ago. he doctors discovered the clot earlier in the day during a follow up exam. no details of where the clot is or other concerns have been releasede first time clinton has been diagnosed with a blood clot. in 98 she was admitted for a clot behind her right knee. the 65-year-old had a stomach virus this month and became dehydrated, fainted and struck her head. she canceled the tri
CNBC
Jan 2, 2013 6:00am EST
president obama in his speech last night he says he won't negotiate those. the republicans can still hold this up in the house. >> i think it's kind of what grounds -- where the battle lines will be drawn. i think what the president says, i don't want to negotiate or don't think the deficit reduction or extending the debt ceiling is the proper policy tool to negotiate spending cuts. where the fundamental difference is here is the size and scope of government. i think the president has to come forward with some spending cuts, hopefully finding middle ground. i think we've seen some steps on the tax fronts. chairman camp was right on that regard. i hope we don't get back into the debt ceiling debate although we may. >> when is that supposed to happen if not in this nerkt rou -- next round of negotiations on the debt ceiling. >> you have the sequester two months ahead and clearly kicked the can down the road. you have a lot of windows to discuss spending cuts other than rai raising ting the debt ceiling i view. you have a number of natural opportunities to do that. >> there's no second oppor
FOX Business
Dec 29, 2012 3:00am EST
a great night moments ago, president obama saying he still has hope. >> i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> and as we speak, rich edson is live in washington with the very latest. >> well, it's up to the senate. staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to avoid paying the alternative mi
MSNBC
Jan 2, 2013 3:00am PST
to avert the fiscal cliff awaits president obama's signature. around 11:00 eastern time last night, the republican-led house gave final approval to a bipartisan deal from the senate -- >> thank you, republicans. thank you, guys. you waited 20 years for this? >> on the wealthiest americans. >> you saved yourself for 20 years for this? >> while postponing automatic spending cuts for two months. >> joe is bitter. >> i am bitter. >> i would be. >> seriously, could the republican party have mismanaged this any worse? >> the package preserves bush air ya tax cuts for individuals earning less than $400,000 and households earning less than $250,000. it also extends unemployment benefits for a year. good morning, everyone. welcome to "morning joe." it's wednesday, january 2nd. with us on set, we have the president of the council on foreign relations, richard haass. we have former adviser to the bush administration and romney campaign, dan senor. this is going to be fun. >> yeah. yeah, yeah, yeah. paul ryan's guy. >> aye, aye, aye. >> mr. i'm going to vote to raise taxes. >> mr. vote respons
MSNBC
Jan 2, 2013 10:00am PST
. >>> president obama picks up where he left off in hawaii today after a late-night thank you at the white house to both sides for what they did accomplish. >> thanks to the votes of democrats and republicans in congress. i will sign a law that raises taxes on the wealthiest 2% of americans. >>> on wall street, stocks surge in reaction to the short-term deal, but house republicans have only just begun to fight. >> we also need to address the fundamental causes of our debts and deficits, and that's out of control spending. >> i think it's a little unreasonable for senator reid to say that something that they produced on new year's eve, produced by a bunch of sleep-deprived dock gentlem ed e should adopt within 24 hours. >>> the president tries to draw a line in the sign on the debt battles still to come. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >>> plus, hillary watch, just a short time ago, an suv carrying former president bill clinton left from an underground gara
CNN
Jan 2, 2013 6:00am PST
or longer. >>> back now to our top story of the morning, the narrowly avoided fiscal cliff, last night president obama declared victory on a campaign promise to raise taxes on the wealthiest americans but he made clear his distaste for the drama and partisan brinkmanship in this deal. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws that they passed. let me repeat, we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk, consumer confidence plunged, business investment plunged, the growth dropped. we can't go down that path again. >> while the president says that he won't negotiate, there is another battle brewing in washing
ABC
Dec 25, 2012 11:35pm PST
is next. we'll see you here tomorrow. good night. >> dicky: up next on "jimmy kimmel live" -- >> i'm hoping that obama announces this will be the black half of his presidency. >> dicky: john goodman. >> jimmy: have you ever actually emptied a mini bar on your own? >> you bet. >> dicky: hayden panettiere. >> jimmy: i would not want to be paul ryan's shake weight
CBS
Jan 2, 2013 12:00pm PST
, and congress will soon be at it again. president obama landed in hawaii this morning to resume his vacation. he left washington last night after lawmakers approved a bill that prevents a middle class tax hike and delays automatic spending cuts. congress and the white house struggled to get the deal done and neither republicans nor democrats seem pleased with the outcome. >> someone stop hitting you in the head with a hammer and you're supposed to say thank you so much for the relief. >> reporter: many voters are upset it took lawmakers so long to reach a compromise. >> i think we needed a deal. i'm not necessarily altogether happy. >> reporter: the measure raises taxes on families making more than $450,000 a year and extends long-term jobless benefits for a year. but the package does not include spending cuts and many republicans voted against it. >> i'd like to be speaking for this bill, but i can't. >> reporter: congress steered away from the "fiscal cliff" at the last minute but another showdown is just around the corner. in two months, the treasury will need to increase how much the country
MSNBC
Dec 31, 2012 5:00pm PST
with president obama's performance in the first debate. the president was really off his game that night in denver. so, well, the very next night, i had to give liberals some hope during a postgame news conference. >> all right. not a good night. we didn't play very well. unusual for us. we're a hell of a team. we got a long way to go. i know you're not happy. i heard the fans. i heard it. and you're hearing it from me. we're better than that. >> what about your point guard? >> point card is fine. obama is great. that's why we recruited him in 2007. he is a hell of a player. we won championships with him before. we're going to win begin. >> coach, there going to be a lineup? >> no there is not going to be a lineup change. look, did he turn the ball over? yes. did he throw the ball out of bounds? yes. he missed a few layups, but he is still my guy. we're not changing the lineup. i told you guys when you started covering this team in the year earl year, this is a long road. i don't know about playing in altitude. the kid seemed pretty good before the game we thought we would play very well
MSNBC
Dec 28, 2012 2:00pm PST
? >> chuck schumer brought up a good point. a key moment of these entire negotiations came on wednesday night when president obama calls mitch mcconnell, bring the republican leader in the process. what happens now is very important. as sam said, they'll be negotiating today and over the weekend in the senate. and if this $250,000 comes to the floor, if a few republicans attach themselves to what reid and obama agree to, then that means when it pose gophers to the house it has a much better chance of attracting republican support. if mitch mcconnell aligns republicans and tells everyone to oppose it in the senate republican conference, the chances of it succeeding in the house are pretty low. >> sam, is this the end of the road for grover norquist and his pledge? >> it's odd because grover was the one sort of outside government institution on the conservative side who agreed with speaker boehner's plan "b" which would have allowed taxes to go up above $1 million in income. all the other conservative groups say no. i think grover's pledge, i don't know where it goes from here. obviously is doe
NBC
Dec 26, 2012 4:30am EST
before averting the so-called fiscal cliff before the new year. president obama has cut short his hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand bargain before the end of the year. there is hope a deal will be cut. >> reporter: if congress doesn't extend expiring tax cuts in just days, middle income owners will owe uncle sam about $2,000 extra a year. retailers will cut back in automotive, apparel and entertainment. >> once people begin to pull back on that, the effect will be dramatic. >> reporter: the national retailers association said retailer its support 1 in 4 american jobs and if the downward turn intensifies. for those, the wait is excruciating. president obama visited troops in hawaii over christmas
ABC
Dec 30, 2012 9:00am EST
-- verizon fios. >> after last night, i want a man whoho had the good sense to marrmichelle obama. [applause] >> ok, i am nominating former president bill clinton put the democratic national convention spee in 2012 as the political speech of the year. anybody want to challenge me? >> i echo tha he g galvanized that convention brought them to their feet. he galvanized the political party. they came out of there as a united party. >> but he has a hugee approval rating. >> there are second acts if not third acts in american life, and bill clinton approves it. thee two most popular figures in the united stes today are bill clinton and hillary clinton. he made a better case for barack obama and joe bidennd barackk obama and joe biden had ever made. the other thing about bill clinton's speech is he had the ultimate line in it -- "this econom was so bad even i could not have fixed it." >> i think you pointed out in the opening of the show what was the worst political moment, which was cnt eastwood wasting 12 minutes of prime time when just before, you have had these truly heart renng stories -- hea
CBS
Jan 2, 2013 6:00am EST
the bill late tuesday night sending it on to president obama for his signature. the deal keeps the bush era tax cuts for 99% of all americans. it also keeps unemployment payments for millions of others. the bill also delays spending cuts for two months so the new congress can address the issue in the coming months. >>> the president praised the fiscal cliff compromise saying he doesn't want a repeat of all the bickering when it comes to the future negotiations. he left immediately after commenting on the house vote so he could rejoin his family in hawaii. >>> our time is 6:54. >> one last check of weather and traffic right after n. keep it here on -- after this. keep it here on 9news. turkey sausage. turkey what? amazing. right? yeah. next one's on you. yeah, okay. introducing dunkin's new turkey sausage breakfast sandwich. the surprisingly great taste of turkey sausage on a pepper-fried egg with under 400 calories. try it, you'll like it. america runs on dunkin'. hurry in for dunkin's new turkey sausage breakfast sandwich today! (woman) 3 days of walking to give a break cancer survivor a l
CNN
Dec 25, 2012 7:00pm PST
there is to do and the future that lies ahead. >> that's president obama delivering his victory speech on election night. in the end the race wasn't even close. maybe mitt romney didn't even have a chance. his fellow gop contenders feasted on one of their own during the primaries. is it the american way that if somebody gives you a smack on the nose, you eventually have to smack them back? isn't it time now for you to accept that this negativity has pounded you into a position where much as you would like to keep it positive, isn't it time you got the old gingrich fist out and give romney a good ol' smack? >> harry truman in his great reelection campaign that gallup quit taking polls in mid september went after duey and the crowd would yell out "give 'em hell, harry" and he would yell back, "no, i just give them the truth and it hurts like hell." i think governor romney has done so many things that are indefensible in a republican primary -- it would be okay in a democratic primary but in a republican primary it would be indefensible. all i have to do is tell the truth, i'm not going t
ABC
Dec 30, 2012 5:30pm PST
, trying to get to a deal, a last-minute deal, a key player in the final hours. president obama set off the high-stakes weekend scramble friday night, imploring congressional leaders to take action immediately. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> reporter: with that harry reid and mitch mcconnell launched a last-ditch effort to craft a bipartisan plan to that would at the very least, protect most people from a big tax hike going into effect on new year's day. the senators and their staffs negotiated all day saturday. saturday night republican leader mcconnell made his offer. by this morning, a clear sense of optimism and warnings that failure would be unthinkable. >> there are certainly no breakthroughs yet, but there's a real possibility of a deal. >> if we are not able to reach an agreement, it will be dire. >> reporter: but the morning's optimism turned into the afternoon's pessimism. the senate opened for business at 1:00 p.m. with the ominous prayer from the chaplain. >> look with favor on our nation an
MSNBC
Jan 2, 2013 3:00pm PST
balance, more fairness, that is at the hard of this deal. that's what the house finally passed last night and is what president obama will sign into law. >> that's what will remain in place as long as i am pthd. everyone pays their fair share. everyone does their part. >> everyone pays their fair share. and everyone does their part. that's what president obama won in this deal for the country. first, he forced republicans to raise taxes on those earning more than $400,000 a year. he also extended unemployment benefits to 2 million americans who are out of work. people who desperately need help now. and he extended the stimulus tax break for working hch cla ingwos all across the country. the president did this without cuts in our safety net. the deal delays the automatic spending cuts for the start of the year and it doesn't include a single dime in cuts to medicare, medicaid or social security. republicans who know who won this debate have expressed it. just listen to this. >> we all knew the ptresident ws going to get his way. he wins. >> this is a complete surrender on everything. it's
NBC
Jan 2, 2013 11:00am EST
of president obama. the house passed the measure late last night that will keep taxes for going up for about 98% of americans. the president said he'll sign the bill into law. tracie potts breaks down what that will mean for you. >> the house stands adjourned until 10 o 10:00 a.m. tomorrow for morning-hour debate. >> reporter: lawmakers left capitol hill this morning after finally avoiding the fiscal cliff. >> at some point you strike a balance. >> reporter: 257 democrats and republicans voted for a bill that extends unemployment and middle-class tax breaks and keeps the alternative minimum tax from hitting working families and avoids a big cut in medicare payments and prevents tax hikes for 98% of americans. tax rates will go up for couples making over $450,000. democrats gave many on that. the republicans won a investigate ribby raising the estate tax threshold to over $5 million but the 2% payroll tax cut is gone! expect to see that hit your paycheck starting this month. >> tax relief has been achieved. now is the time for the president to work with congress to address government overspendin
MSNBC
Jan 2, 2013 8:00am PST
limit. >> one thing i'm trying to stress ises what's happened last night is going to be child's play compared to the debt limit. in terms of president obama having these big things he wanted to accomplish, he talked last night about energy reform, he talked about gun control, he's talked about immigration. a lot of his political capital is going to be used in the next 60 to 90 days on these budget wars. >> that's right. and these budget wars don't knowsly amount to legacy. here's a president who came in like most presidents thinking about a legacy, thinking about history. of course i think obama care will be part it haof it but i t he's looking at immigration and energy, a lot of thing he's wasn't able to do in the first term, to get them done in the second term. a lot of bad blood there between obama and the republicans but also some bad blood there between obama and the democrats. not a lot of -- i think not a lot of improvement obama has shown over he's last weeks in terms of his relationship with congress. i think that's something he certainly needs to work on if he's looking at
PBS
Dec 30, 2012 12:30pm PST
cannot do this with an all-volunteer service. >> after last night, i want a man who had the good sense to marry michelle obama. [applause] >> i am nominating former president bill clinton's democratic nional convenon speechn 2012 as the political speech of the year. anybody want to challenge me? >> i would echo that. he galvanized that convention, brought them to their feet, galvanized the political party. and they came out of there as a united party. >> he has a huge approval rating. >> second act if not third act in american life. bill clinton proves it. mad a better case for barack obama and joe biden and barack obama and joe biden had ever made. the other thing about bill clinton's speech is he had the ultimate line in it -- "this economy was so bad even i could not have fixed it." >> you pointed out in the opening of the show what was the worst political moment, which was the clint eastwood wasting 12 minutes of prime time when just before, you have had these truly heart rending stories -- artwarmi stoes aut te humaty of the republican challenger, and also a bio which was not show
WETA
Dec 28, 2012 8:30pm EST
this with an all-volunteer service. >> all right. final thoughts on the year 2012. >> after last night, i want a man who had the good sense to marry michelle obama. [applause] >> i am nominating former president bill clinton's democratic national convention speech in 2012 as the political speech of the year. anybody want to challenge me on that? >> i echo that. he galvanized that convention. he brought them to their feet. he galvanized the political party. they came out of there as a united party, and energize the party. >> and he has a huge approval rating. this was a man who was impeached. >> there is a second and third life in american politics, and bill clinton proves it. the two most popular political figures in the united states are bill clinton and hillary clinton. he made a better case for barack obama and joe biden and barack obama and joe biden had ever made. the other thing about bill clinton's speech is he had the ultimate line in it -- "this economy was so bad even i could not have fixed it." >> i think you pointed out in the opening of the show what was the worst political moment
FOX News
Dec 27, 2012 4:00pm PST
president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow afternoon at the white house will be a meeting between the president and those top four congressional leaders and earlier the top senate democrat expressed concern or frustration saying you cannot legislate with yourself. >> the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last three and a half years. we have tried mightily to get something done. >> now, perhaps in an effort to address that we know late today senator reid who you heard from there went to meet with his counter part senator mcconnell the top republican in the senate, perhaps talking about what it will take to bring some republicans along on a potential deal. harris? >> harris: a lot of energy spent on all this going back and forth. in fact, leading republicans suggesting a great deal of time has been wasted on politics. >> that is precisely right. they note that the house republicans tried to address the issues this summer and vote
MSNBC
Dec 27, 2012 12:00pm PST
in the final five minutes falling to 3 wins and 23 losses. >> pathetic. >> the bulls game of obama postponed because of snow last night. he's now making a final try with congress and there's no denying a new plan is in the works. even in the opening prayer to kick off today's proforma session in the house, the chaplain prayed for congress to make a deal. but they're now adjourned until sunday night and that is where we begin with nbc's white house correspondent peter alexander and mike vicquiera on the hill. >> reporter: when derek rose is back for the chicago bulls, trying to get those answers for you as soon as possible. >> thank you, i appreciate that. >> reporter: of course, the real question right now here at the white house is exactly what's going to happen over the course of several days and can they avert the fiscal cliff? to stick with your metaphor of basketball, if rose were to go the length of the court for fans on one side, left to right, fans on other side, right to left, if he scores it is the same basket but use the metaphor and apply it to the conversation of exactly where t
NBC
Dec 25, 2012 11:00pm EST
. >> there is late word tonight that president obama will cut short his christmas holiday in hawaii. he plans to leave for washington tomorrow night. he and lawmakers will try to prevent the economy from going over the fiscal cliff. anyone who has not taken advantage of the homestead tax credit better act fast. if you have two days left to save hundreds of dollars at tax time. postmarked by december 31, or you will have to wait another year. its stems from legislation enacted in 2007 by the state general assembly. homeowners must apply to maintain eligibility for the credit. still ahead, aerial volunteers spent the holiday serving others. an organization will help keep hundreds and warmer this winter. and that when a missouri school did to put a smile back on their custodian's face. >> the weather is going to turn active as we had through the next of the week. partly to mostly cloudy. 36 at the airport. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you
NBC
Jan 2, 2013 5:00am EST
the damage caused by going over the fiscal cliff is in the hands of president obama. the house passed a measure late last night that will keep taxes from going up for 98% of americans. the president has said that he will sign the bill into law. nbc's tracie potts is live on capitol hill now with more. tracie, good morning. >> 257, that's how many democrats mostly and some republicans as well voted in favor of this bill. it means that lawmakers are now headed, we saw them headed all to capitol hill early this morning. the president heads back to hawaii to continue his vacation that was broken while they tried to negotiate these tax increases, stop them from happening. this bill will extend unemployment for 2 million people who would have lost their checks beginning this year. middle class tax breaks and prevent a tax hike for 98% of americans. the fight is not over. in february, the debt limit needs to be raised so america can continue to pay its bills. republicans likely will insist on cutting spending. >> we can't simply cut our way to prosperity. cutting spending has to go hand in h
FOX
Jan 2, 2013 7:00am EST
on this night and regret it. >> in his comments last night, president obama warned republicans he planned to ask for more revenue as part of his promised deficit reduction measures. republicans said they are going to work hard for cuts to entitlement programs as any part of the agreement to raise the debt limit. on monday, the u.s. did exceed $16.4 trillion debt limit. tim gietner sent a letter saying the treasury department has to start kicking in extraordinary measures and those measures will run out february 28th. >> all right. thank you very much. >> so congress's action means the income tax for most will not go up but you will see another tax hike this year. >> sarah simmons is back with us now to explain that. >> hey, a lot of people might be confused. there is a tax we are talking about and that is the payroll tax. this is the amount that gets taken out of your check to go towards social security. for the past two years it was reduced to 4.2% in order to give you a break. the fiscal cliff bill passed last night did not include an extension of the payroll tax cut so now the rate goes back
CBS
Jan 2, 2013 12:00pm EST
obama landed in hawaii this morning to resume his holiday vacation. he left washington late last night after lawmakers approved a bill that prevents a middle class tax hike and delays automatic spending cuts. congress and the white house struggled to get the deal done, and neither republicans or democrats seem pleased with the outcome. >> someone stop hitting you in the head with a hammer and you're supposed to say thank you so much for the relief. >> reporter: many voters are upset it took lawmakers so long to reach a compromise. >> i think we needed a deal. i'm not necessarily all together happy. >> reporter: the measure raises taxes on families making more than $450,000 a year and extends long-term jobless benefits for a year. but the package does not include spending cuts as many republicans voted against it. >> i would like to be speaking for this bill but i can't. >> reporter: congress steered away from this fiscal cliff at the last minute, but another showdown is just around the corner. in two months the treasury will need to increase how much the country can borrow and lawmaker
CSPAN
Dec 28, 2012 6:00am EST
much. and he spent two nights there. when he was visiting that area, that part of the obama clan on his journey through africa, his first ever trip there. just to think, it's not like, it has nothing to do with how i feel about obama. and really, i don't approach the book that way anywhere. is just the main character of my book. and has nothing to do what i like him or dislike him. it has to do with the history of seeing this little place, before anybody, anybody knew who the hell barack obama was. you know, he was 26 years old, making that first journey back to a land that he had never seen before. and i was looking at this little hut on the floor where he slept of those nights back in 1987, and just kind of come it didn't overwhelm the but it made me realize that, to see history as so much more powerful than just sort of think about it or read about it. i mean, i'll be able to portray it, but to see it brings it alive for me. and also brings my work to a life. >> host: that interview was shot over two years ago. anything you would like to change? >> guest: i'd like to change my looks,
NBC
Dec 29, 2012 6:00pm EST
speaker john boehner and his fellow republicans before monday night's deadline. brian mooar, nbc washington. >> and david gregory will have an interview with president obama on "meet the press." that's tomorrow morning at 10:30 right here on nbc 4. >>> you know what that means. it's make or break time for the redskins as they face the dallas cowboys tomorrow at fedex field. the winner is in the playoffs. jason is here with more. >> one more day and we'll see if the redskins are in the post season. six straight victories turned around the season. but this team isn't concerned about the past. come sunday none of that matters at fedex field. >> another game we have to go out and win. and that's the way we look at it. so, you know, every moment in your life is the biggest one at that time. we look forward to having many more of these but we have to take care of this one. >> the stakes are high, and emotions are going to be high. and we just got come out. we have to be perfect if we want to win the game. >> this game is going to be everything we got. there is no saving it for this or
FOX
Jan 2, 2013 9:00am EST
with the fiscal cliff negotiations, president obama heads back to hawaii to finish his vacation. left andrew's air force base last night. >> the president was forced to return to the white house last week for fiscal cliff talks. the obama family returns to the white house this weekend. >> as you head back to work after a long holiday, it will cost you more to take the dulles toll road. a rate hike kicked in yesterday. the toll is now $1.75. using the on and off ramps will cost you $1. revenue will be used to pay for the dulles metro project. >> first priority for the dc council swearing in newest member. the council's new session begins today and members will be joined by david grosso. education and ethics reform will be his top priorities. will also be sworn in today. >>> more same sex couples set to tie the knot in maryland today. first day of the new year that civil ceremonies can be performed at the historic court house wedding chapel. new year's day was the day same sex marriage became legal. walnut point i nn invited same sex couples to get married for free yesterday. tony. >> some of our ot
MSNBC
Dec 31, 2012 4:00pm PST
loyal to the opening words of the declaration of independence. i never believed president barack obama had a second term in the bag. the night of his first debate with governor romney i thought that he was on his way out of town, be he wasn't. his vice president outbattled his rival. the president himself came back to show that he was not a man to be taken down twice. most important, he got some breaks. the supreme court upheld health care. the jobless rate dropped below 8%. mitt romney out on a limb trying to be something he isn't, a right wing simple on the. we look forward to a new year and a administration with a significantly progressive president. americ
ABC
Jan 2, 2013 4:30am EST
-- a soft landing. last night republicans reluctantly passed the billaverting the fiscal disaster. >> president obama praised the deal and returned to his hawaiian vacation. >> reporter: they finally got it done. congress ended the long drama over the fiscal cliff with house republicans reluctantly passing the senate's bill. >> i will sign the law that lays the taxes on the final 2% of the americans and preventing a middle class tax hike that could have sent the country into recession. >> reporter: house republicans didn't want to raise taxes without cuts in government spending. >> there's no spending cuts. we are adding 4 billion dollars to the debt and we feel like that the senate bill failed miserablely. >> reporter: house republicans decided not to drag out the fight any longer and risk potentially taking the blame for massive tax hikes on every american worker. >> what's the alternative? allow 4 trillion dollars worth of tax hikes to hit the american people market uncertain? >> reporter: the bill shields people earning less than 400,000 a year from tax increases and extends u
ABC
Dec 26, 2012 11:00pm PST
time as always. check out abc7 morning news at 4:30 a.m. have a good night. >>> tonight on a special edition of "nightline" -- a white house christmas with the first family. president barack obama and first lady michelle obama sit down for an intimate and revealing first interview together since the election. only with barbara walters. >> how do you keep the fire going? >>> trimming the trees with the first dog bo. inside a special tradition. how they deck the halls at 1600 pennsylvania avenue. >>> and ask mrs. obama. first graders with a very special connection to the white house tree a
FOX
Jan 2, 2013 5:00am PST
. it happened just before 6:00 last night. officials say no one lost water due to thatbreak and no homes or businesses were damaged. >>> president obama is on his way back to hawaii rejoining his family vacation after the house of representatives late last night passed a last minute bill to avoid that fiscal cliff. here is video. you can see the president boarding air force one late last night. he left after the house voted to approve the u.s. senate bill passed earlier in the day. that is despite the pact that some -- despite the fact that some how representative -- house representatives don't like it. >> i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back in recession. >> i wish i could say this is a proud moment. a moment in which we started the year off right in which the firstover january was the first of great many good things. it isn't. we're kicking the can down the road. >> tomorrow new members of congress will be sworn in and over the next two months they'll have to resolve the issu
NBC
Dec 26, 2012 7:00am EST
down and enjoyed a tradit n traditional christmas dinner. the night before president obama called service members stationed overse overseas. when president obama returns to d.c., he and lawmakers will have just days to avert the so-called fiscal cliff. here is where everything stands. last week house speaker john boehner failed to get his own bill through the house. so now things are in the s senate's court. leaders there will have to come up with a compromise to avert the tax hikes and spending cuts set to go into effect during the first of the year. president obama had been working with house speaker john boehner, trying to get a big deal, but talks fell apart. so hopes for that have all but faded, the president conceding he would accept a smaller measure as long as it includes taxes going up on the wealthiest americans. if the country goes over the cliff, economists warn it could be dire. the average american would wind up paying about $2,000 more in taxes and eventually, savannah, if we go over the cliff and stay there, the economy could dip back into recession. now, lawmakers
FOX News
Jan 1, 2013 11:00am PST
commentary on election night, quote, a couple of hours before president obama was declared the vick toy bill o'reilly offered his explanation why mitt romney was about to lose because it's a changing country it's not a traditional america anymore. in case anyone might be confused about the meaning of traditional, he elaborated, white establishment is now minority. in other words, the problem was too many voters of color. how vile. how vile. in other words, you pinheads have no right to lie about me by putting fabricated words in my mouth. that's not what i said. you disgrace the journalism industry. you seek to demonize anyone who disagrees with your far left view. am i being clear enough? the white establishment no longer dominates the political field in america. that is crystal clear. i don't lament that. i'm not pining for a return to calvin coolidge, i just reported it, but for crazed ideologues, that's inconsequence. they summed up saying, quote, it's encouraging that many republicans are repudiating and contemptuous, contemptible o'reilly-mitt romney world view. here is what's really c
PBS
Jan 2, 2013 3:00pm PST
by going back to work today, washington said its goodbyes to the 112th congress, after a late night of final suspense on the fiscal cliff legislation. it gave the president much of what he wanted on taxes, and left republicans sharply divided. for president obama, the end-- for now-- of the washington budget drama, meant returning to hawaii today to resume his holiday vacation. but last night, before leaving, he welcomed house approval of the fiscal cliff bill. >> a central promise of my campaign for president was to change the tax code that was too skewed towards the wealthy at the expense of working middle- class americans. tonight, we've done that. >> reporter: the final vote in the house was 257 to 167 on a bill the senate had already approved, it capped days of intense negotiations. the provisions will affect nearly all taxpayers. for individuals making at least $400,000 and couples making $450,000-- income tax rates will go up-- from the current 35% to more than 39%. for that same group, dividend and capital gains taxes will also rise to 20%, from 15%. and all income groups ge
FOX News
Jan 2, 2013 8:00am PST
no last night on the fiscal cliff deal but democratic president barack obama says the house passage of this bill reflects his principles. last night he said i was pleased. you heard a moment ago those remarks. president obama boarded air force one to rejoin his family on his vacation. we are awaiting official word how he will sign the bill which we hear is now being printed up the street at the capitol, jenna. jenna: peter, you know, when you see a stormy night like we did in the capitol, sometimes you expect clearer skies next day, people kind of relax and are getting back to the work. that is not the case when we see this hurricane sandy relief bill and the house did not bring it up. what is the latest reaction from the house delaying the vote on that bill. >> reporter: another stormy day, jenna. there is a lot of anger among especially members who represent new york and new jersey. congressman peter king said this morning that he is distraught the house of representatives did not vote last night on this bill for aid for sandy victims in the affected areas. president obama just a
KRON
Jan 2, 2013 6:00am PST
. the republican-led house of representatives agreed to compromise late last night less than 24 hours after the deal pass the senate. president obama now returning to hawaii today to rejoin his family. a water main break in hayward has cost of road closers. was the intersection of jackson and santa clara and we will have another live report coming at the top of the hour. a freeze warning is in effect for north bay interior valleys this morning until 9:00. this impacts our outdoor plants and pats. the freeze warning means temperatures are at or below 28 degrees for more it for two hours in the area. >> watching wall street with rob black and the dow industrial is soaring. the big deal, or is it a deal? they said they kept the taxes from rising on most americans but they did not get that much >> on every american with a job. 2%. people who make $400,000 to make biand live in g cities is going to come back up the next 60 days. wall street will freak out like they did this time. i keep telling you to buy the market. we had europe going crazy. by these markets. >> should people buy stocks or gen
CSPAN
Jan 2, 2013 1:00am EST
. romney nor mr. obama is a man given to self- deprecating lines, and perhaps the funniest guy turned out to be rick perry of taxes, who was there briefly, but rick perry stood up one night and told a group of us it was a strange feeling to stand next to mitt romney in each of those debates. he kept expecting mitt romney to lean over him and say, and you have any gray poupon. i like mitt romney as much as one good-looking guy can like another good looking guy and not be in violation of a texas state law. it was a marathon, and like most states marathons, the guy from kenya won. we have all heard the theories on what has happened in congress. it is not as productive as it was when the people on this stage served, but there are a couple of promises as to why. one is the polarization of politics. politics is more polarized. if you want liberal you can turn on msnbc. if you are conservative you can go to fox. olympia snowe was more conservative than the most conservative democrat. we have seen all of this change. the thing that hits me is people on the hill do not know each other anymore. the
FOX News
Dec 27, 2012 12:00pm PST
on everybody, the white house says president obama made separate phone calls to the senate leaders, harry reid, and john boehner. that was last night before the president took air force one from hawaii to washington. molly is live for us at the white house. update us on the next move from the obama administration. >> despite the phone calls that the president made before he left hawaii, he spoke to top democrats and republicans and no negotiation meetings have been set. at least not formally or public limit there's nothing set yet between all the sides to discuss this. the president's back in washington after he cut short vacation to get back to the white house for possible last minute fiscal cliff talks leaving his wife and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first
CBS
Jan 1, 2013 12:00pm PST
to the assurance that their taxes won't go up $2,200 each. >> reporter: president obama praised the senate agreement and urged the house to act without delay. capitol hill is quiet right now after an unprecedented late night. normally these halls would stay empty on new year's day but both the house and senate are in session with billions of dollars in spending cuts and tax increases on the rise. lawmakers missed the january 1st deadline but the bill will be retroactive. many taxpayers across the nation are frustrated that lawmakers waited so long to act. >> the whole system is flawed. it's terrible that it takes this long to get something done. >> it's been frustrating. >> reporter: if the measure becomes law, it will be the first significant bipartisan tax increase since 1990. the deal also would extend unemployment benefits and it would also prevent a spike in milk prices. live on capitol hill, danielle nottingham. frank, back to you. >> danielle, what if the house approves this today? what's the process and when will we, if we do feel an effect, the public that is, anyway? >> reporter:
MSNBC
Dec 29, 2012 2:00am PST
reid came out and said that it will, then it shot up. and when obama said we are offering a new plan, then the market fell again, and if we don't reach a deal by sunday night, by the time monday markets open, it will be a plunge. >> and the markets perform how people are performing through the year, and the markets are closed down, but the expectat n expectations are high, and they have to stay high, right this is. >> well, that is the danger that you saw the optimistic tone coming out of the discussion and raising the perception they will work it out and make the backlash, the whiplash stronger if we get to sunday and turns out that the talks fall apart and there is not going to be a deal. >> does the market find tor business community find any of the characters reassuring? do they want to hear from one of the people? >> well, i think that they want to hear reassuring things from all of the characters. anybody on wall street and any ceo does not put a lot of faith in any of them. but the deal discussed does not include the debt limit, so whether we strike one not this weekend, we w
ABC
Dec 31, 2012 11:00pm EST
a- because the house adjourned monday night and will reconvene new year's day. vice presidentbiden went to the hill earlier in the day to meet. >> earlier president obama had harsh words. >> if they think i will finish the job in spebding cuts -- spending cuts alone they've got another thing coming. >> the deal will increase estate tax and bring back clinton era tax cuts. fromhouse holds earning 250 thousand dollars a year reportedly to those making 4 hundred and 50 thousand dollars. frustratedrepublicans say while the deal will probably pass, it's not ideal. >> i personally don't like it because i think we're kicking the can down the road and not addressing the real crisis in the country which was not the fiscal cliff, it's a debts crisis. >> the spending cuts that were a sticking point are now postponed for two months at least. >> much more to come on this. stay with abc2 news for late breaking details out of washington. when we're not on the air you can get updates on abc2news.com. you can also find a guide on what the deal could mean for your wallet. if youhaven't checked
CBS
Jan 1, 2013 12:00pm EST
today to the assurances their taxes won't go up $2200 each. >> reporter: president obama praised the senate agreement and urged the house to act without delay. capitol hill is quiet right now after an unprecedented late night. normally these halls would stay empty on new year's day but both the house and senate are in session with billions of dollars in spending cuts and tax increases on the line. lawmakers missed the january 1 deadline but the bill will be retroactive. many taxpayers across the nation are frustrated lawmakers waited so long to act. >> the whole system is flawed. it's terrible that it takes this long to get something done that affects so many people. >> it has been a very frustrating process. >> reporter: if the measure becomes law, it will be the first significant bipartisan tax increase since 1990. danielle nottingham, cbs news, washington. >> the bill as it is written also keeps the alternative minimum tax for the wealthy from hitting millions of middle- class families. >>> a seven-vehicle accident closed both directions of new york avenue and bladensburg road
MSNBC
Jan 1, 2013 12:00am PST
night. and we were not alone in doing so. president obama's supporters were surprised when the president didn't mention romney's 47% remarks in the first debate. but president obama made up for the later in the second debate, on the final question when romney could not respond, president obama got the final say on the 47%. >> when he said behind closed doors that 47% of the country consider themselves victims? who refuse personal responsibility? think about who he was talking about. folks on social security who have worked all their lives. veterans, who sacrificed for this country. students, who are out there trying to hopefully advance their own dreams but also this country's dreams. soldiers who are overseas fighting for us right now. people who are working hard every day, paying payroll tax, gas taxes, but don't make enough income. and i want to fight for them. that is what i have been doing for the last four years, because if they succeed i believe the country succeeds. >> there is a lot more coming up in the next half hour of "the ed show." stay tuned. >> i just have to say what we
NBC
Dec 27, 2012 5:00pm EST
. that prediction from the senate majority leader today after u.s. senators and president obama cut their vacation sure to return to washington. but there is no deal yet and there's a lot of criticism of house members who are still at home, at least until sunday night. jennifer jackson has the latest. >> the senate is back to work as the clock ticks and america gets closer to going over the fiscal cliff. president obama has also returned to washington. house members are still home for the holidays peeping >> i cannot imagine their consciences, wherever they are around the country. we are trying to get something done. >> harry reid is blaming house speaker john boehner for the stalemate and predicts new deal will happen before the end of the year. house republicans have rejected any compromise where the wealthiest americans no longer get a tax cut. others are still optimistic. >> these deals come together at the last minute. to paraphrase ronald reagan, there has got to be a pony here someplace. >> i would urge the speaker of the house to call is back in session, to do what america expects us to do
ABC
Jan 2, 2013 7:00am EST
cuts the desk of president obama. house passed a bill last night. the senate passed the senate earlier on tuesday. newschannel it will have more live in thata in just a few minutes. let's get the latest on our wednesday morning commute. we are trying to get back the group on a wednesday morning. this is video taken about 45 minutes ago on 66. everything was cleared off to shoulder on eastbound 66 but about a five-mile line near the fairfax county parkway. was an earlier crash. we also had one of westbound. this is 395 where there is no delay. in some spots, we are catching a break. we haveing the weather, conditions to start this morning, 35 degrees but we will move a lot from where we are now. the cooler temperatures are to the north. the cooler temperatures are to the north. we will turkey sausage. turkey what? amazing. dunkin's new turkey sausage breakfast sandwich. surprisingly great sausage taste with under 400 calories. try one today. america runs on dunkin'. ♪ >>> all that jumping going on. we're jumpstarting january, right here in times square. we're getting a whole bunch of
CBS
Jan 1, 2013 11:00pm PST
cliff compromise. a bipartisan senate packed last night. >> we had listened to the american people. we have heeded their call to work together in a pi partisan way. >> reporter: president obama spoke minutes after the vote. >> the one thing i think we'll focus on in the new year is put ago package like this together with a little bit less drama. not scare the heck out of folks quite as much. >> reporter: house majority leader voted no on the compromise. he dropped efforts to amend the bill to add more spending cuts after failing to get enough fellow republicans to agree. >> the senate bill failed miserably in cutting spending. >> i'm unwilling to go on a bill that's unacceptable. >> reporter: the emergency compromise makes bush era tax cuts permanent for families who earn under $450,000 a year. the agreement delays decisions on across the board spending cuts. president of the san francisco republican assembly. >> they're spending much more. we're borrowing to spend just as we had an addiction with spending. our spending multiplies. so has our addiction. >> reporter: this fiscal cliff i
MSNBC
Dec 31, 2012 2:00am PST
passed by the last congress, 460 by the one before that. >>> despite that terrible record president obama has signed an executive order giving returning members of congress a 1% raise. >>> and the senate did put in some extra work hours last night but there was some glumbling. one senator said quote this is definitely not a kunbaya moment. >>> now for a look at your new year's eve weather let's turn to bill karins. happy new year's eve morning. >> big day, right? >> it is. going to be a cold one. >> maybe not for i but for everyone it's a cold. a little bit of snow to talk about. no big blockbuster snowstorms. the cold air is the story. easily be the coldest week of the winter season. areas in white winter weather advisories from new mexico, north texas, panhandle of oklahoma across kansas, missouri, southern indiana and illinois this is where light snow is heading your way. winter weather advisory means slippery travel but not a blockbuster event and cancel your events. travel with care especially northern, the panhandle of oklahoma, up through kansas this morning the snow is breaking
CSPAN
Dec 28, 2012 1:00am EST
president, you'll excuse me if i'm a little frustrated at the situation we find ourselves in, but last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something weekend do to avoid the fiscal cliff. i say i'm a little frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months, literally for months. a plan that would simplify the tax code, shrink the deficit, protect the taxpayers, and grow the economy. but democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. this was even after he got reelected. and congressional democrats sat on their hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. the phone never rang. and so now here we are five days from the new year, and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal, and if they had something that fit the bill, i'm sure
CNBC
Dec 27, 2012 4:00pm EST
that the president will make him a new proposal based on what he and the president discuss the laughed night. the real condition here is will president obama make a new deal for any deal that could be gotten done. >> i just tweeted that out, you nailed, it eamon. lots of finger-pointing an complaining and sour grapes going on and very little in the way of compromise talk. thanks very much. continue to monitor the situation and get back to you, if we need to. >> in the meantime, what does all this wringling. >> and harry reid going at it with senator mcmcconnell. we'll talk to outgoing kay bailey hutchison and get her take. what is she hearing? will we get a deal or not. >> also ahead, does the tax code untearily penalize investors over borrowers. someone here says absolutely, and he warned it's going to get worse once we go over the clip. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go.
CNBC
Jan 2, 2013 4:00am EST
night vote, the u.s. house passes a bill to avoid the fiscal cliff. but president obama warns lawmakers he doesn't want to go to the brink the next fight over the debt ceiling. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> that budget deal boosts asian equities. stocks in hong kong and australia hit 19-month highs in the first trading session of the year. european stocks also cheered the deal despite more gloom from the eurozone where manufacturing activity has deepened its contraction. >>> okay. if you just joined us, particularly stateside, happy new year to you. warm welcome to 2013 here on "worldwide exchange." so the house of representatives passing a bill late last night to prevent huge tax hikes and spending cuts, helping the u.s. to avoid the fiscal cliff. the vote, 257-167. house speaker john boehner voted in favor, although several gop leaders voted no, including the majority leader, eric cantor. the senate passed the measure early on tuesday morning. the b
KBCW
Jan 1, 2013 10:00pm PST
this was a vote on the fiscal cliff compromise a by partisan senate overwhelmingly passed last night. >> we have listened to the american people, we have heeded their call once again to work together in a by partisan way. >> reporter: president obama spoke minutes after the vote. one thing i think hopefully in the new year we can focus on is seeing if we can put a package like this together with less drama, a little less brinksmanship, not scare the heck out of folks quite so much. >> reporter: eric cantor voted no on the compromise. he dropped efforts to amanned the bill to add more spending cuts after failing to get enough fellow republicans to agree. >> the senate bill failed in cutting spending. >> this is unacceptable. >> reporter: the compromise makes bush era tax cuts permanent for individuals who make less than $400,000 a year and families who earn under $450,000 a year. president of the san fransisco republican assembly. >> we are spending much more than we take in. we're borrowing to spend just as we have an addiction with spending our spending has multiplied. so has our addiction for
CNBC
Dec 28, 2012 6:00pm EST
on what this deal is. as this is negotiated throughout friday night, into saturday and the president's appearance into sunday morning. >> president obama to appear on "meet the press" on nbc on sunday. the nail biter of a weekend. you have to wonder if there will we any deal, mini deal, half caff deal, any sort of deal. >> i just want them to get it done before the redskins play the cowboys. that's what matters to me, and what matters to most people in washington by the way. >> i hope it's an exclusive on "meet the press." it is an exclusive. well, he's smart on that. >> the press guys are already here setting up. >> just joining us, so much has happened in the past couple of hours. president obama met with congressional leaders at 3:00. no offer on the part of the president. the leaders came out with very different messages. senator mcconnell said we had a good meeting down at the white house. hopeful and optimistic. senator reid says the meeting was constructive. the president just came out from a statement about 20 minutes ago from the briefing room of the white house saying the t
CBS
Jan 2, 2013 7:00am PST
. we got to look back on this night and regret it. >> president obama has promised to work with congress but he urged them not to play politics with the nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up. >>> wall street is ready to rally this morning, after the late night binlget etbudget break-through in washington. >> will this rally last? >>> sandy hook eleme y school students are about to head back to class three weeks after the shooting. classes resume thursday at a repurposed school in nearby monroe. students have toured the school and an open house is set for today. >>> the shell ail rig has run aground off the coast of alaska. no oil leaking. crew members were evacuated. >>> a paparazzi was killed while trying to get a picture of justin bieber. >> he's free he says i'll take care of business. >> all that a soldier's surprise homecoming at the rose parade in california. >> oh, that's beautiful. makes me cry. >> and all that matters. >> members of c
PBS
Dec 28, 2012 8:00pm PST
gaza, the obama administration's wishes have seldom been grapted. >> we and the world have joined in condemning the brutality of the assad regime. >> no one wants to determine what happened that night in benghazi more than the president and i do. >> and this administration has either been guilty of colossal incompetence or engaged in a coverup. >> a red line should be drawn right here. before iran completes the second stage of nuclear enrichment necessary to make a bottom. >> -- bomb. >> i will not keep american es in harm's way a single day required than is absolutely necessary for our national security. gwen: there's a lot of unfinished business. >> you can call the year of 2012 the year of unsolved problems. par of that didn't include, congress orks north korea. even china is bumping up against its neighbors and it's striking how little of this was discussed. but the economy always gets in the way of foreign policy. about the only piece to foreign policy that made its way to the campaign is first president obama's often repeated claim that he had taken doubt osama bin laden. an
NBC
Jan 2, 2013 7:00am EST
permanently and delay for just two months severe military and federal spending cuts. that gave president obama reason to make a rare late-night stop in the briefing room. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: the president quickly turned from thanking congress to calling them out over raising the country's borrowing limit, the debt ceiling, necessary within weeks. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >> reporter: many in both parties remain frustrated that the fiscal cliff deal does not cut the deficit. >> i severely regret that this is not a big, bold, balanced plan. >> reporter: and that will be the next washington drama. >> we also need to address the fundame fundamental causes of our debts and deficits and that's out-of-control spending. >> reporter: columnist david brooks criticized congress for setting up fights by avoiding hard decisions. far from laying the groundwor
CBS
Jan 2, 2013 7:00am EST
back on this night and regret it. >>> president obama urged them not to fight politics with the nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >>> wall street is ready to rally this morning after the late-night budget breakthrough in washington. >>> asian markets got a big boost over news of the agramt. >>> horng congress's hang seng gained nearly 3%. >>> sandy hook elementary students are about to head back to class three weeks after a shooting. classes return to a repurposed school. >>> an open house is set for today. >>> a shell oil rig has run aground off the coast of alaska. >>> no oil is leaking. all members have been evacuated. >>> they captured photos of justin bean 'eers car. >> but he wasn't driving, and he wasn't in the car at all. >>> what a hit! >> he says i'll take care of business. >>> all that -- >> a soldier's surprise homecoming at the rose parade in california. >> oh, that's beautiful. >> makes me cry. >>> -- and all that matters. >> members of congress are for ru
ABC
Jan 2, 2013 6:00am PST
president obama will sign it, but there is a deal to avoid the fiscal cliff. the house passed the bill last night. as he tells us it leaves a lot to be desired. >> they finally got it done. congress ended the long drama over the fiscal cliff with house republicans rereluctant and thely passing the senate bill. >> i will sign the bill that raises taxes on wealthiest americans. >> for a time it appeared the bill was head forward defeat. >> i do not support the bill. >> house republicans did not want to raise taxes without significant cuts in government spending. >> there is no spending cuts. we're adding $4 billion a day to the debt. we feel like the senate bill failed. >> but republicans did not want to drag out the fight any longer and risk essentially taking the blame for massive tax hikes. >> what is the alternative? the alternative is $4 trillion of tax hikes to hit the american people. >> people earning less $400,000 shields them from tax increases and extends unemployment benefits. what it does not do is raise the debt ceiling. in two months the government will reach its limit on borro
MSNBC
Dec 30, 2012 11:00am PST
spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot les
MSNBC
Dec 30, 2012 1:00pm PST
-ditch deal, and the house comes back for a rare sunday night session. yesterday afternoon in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >>> mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight december 31, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they are less likely to hire, and the wh
FOX
Jan 2, 2013 6:00am EST
support. so the bill was connidered as- written -- with the vote falling largely along paaty late night stateeent after he house vvte. --sott preeident barack obama-- today's a principle into laa that will remain in place as long as i am presiddnt. the deficit needs to e reduced in a way that's balanced. everyone pays theer fair harr. --rene on camera-- the bill is only a banddaid. it does not adddess the debt ceiling... and it also put off for two months automatic cuts in federal sppnding that would have taken effect today. the newly electtd conngess will battle ovvr those contentious issues in the coming weeks. they are sworn in thursday. &p1) when ill the president president sign the bill? 2) the fiscal cllff package staves off tax increases for tte majority of americans ---but we are still likely to see our paychecks shrink aren't we? coming up... get in hape... without paying at--ome props....that won't breek tte bank. and in our hometown hotspot... meteorologist emily gracey is getting coached now... but wait until you see what happpns... when she putss her improv skills to t
NBC
Jan 2, 2013 4:30am EST
approval to the bill to undo the effects of the fiscal cliff in the 11th hour last night. the house voted 257-167 in favor of the bill to stop the middle-class tax increases and spending cuts to domestic poll ramps. soon after president obama reacted to the compromise bill. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. millions of families will have continued to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs that they create. and 2 million americans who are out of work but out there looking, pounding the pavement every day, are going to continue to receive unemployment benefits as long as they're actively looking for a job. i am very open to compromise. i agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting
CNN
Dec 29, 2012 5:00am PST
night, if you listened to president obama. >> i think they have to sound optimistic. the last thing they want to do is not sound optimistic. here's the problem. we've come right to the 11th hour. the fact there's going to be a substantive deal that comes out in the 11th hour is probably nailed to zero. in my sense, it's easier to go over the cliff. then there's clarity, right? taxes up, spending cut. the market will know what is going to happen. it can only get better from there, because then you'll guess legislators that come to the table, that try to cut taxes and raise some spending and they'll argue it from a positive point of view and stand up and say, rah, rah, look what we did. right? it won't get any worse if we go into the cliff. if there's a band-aid, confusion, no clarity. the market will probably react more negatively than actually going over the cliff. i think that's what investors have to be concerned about. now, that being said, i don't think the market's going to crash by any sense, because i think there's a lot of money still on the sidelines that needs invested, bu
FOX News
Dec 28, 2012 1:00pm PST
. this stock market since president obama and john boehner announced they did have a deal last thursday night, the stock market has been down, down, down. >> it's following every twist and turn in the story. you've got to figure that professional investors are watching and they know it means they're going to have a good quarter, bad quarter, good year or bad and it will impact consumer quarter. it's about the economy and how much money consumers there have. consumer sentiment is down. you found in the street that some people were saying i don't know how much money i'll be out-of-pocket. when they see this and they'll see it in the first paycheck, you'll see less money. i think there will be wall of shame. there's going to be big complaints. >> my gut feeling is nothing would be better than going over the fiscal cliff. it will hurt but five, ten years down the nothing, we'll be better and healthier. we just got news that president obama was going to meet or a phone call meet with some business leaders. >> right. the white house calling c.e.o.s, a regularly scheduled meeting. presumably it's a
MSNBC
Jan 1, 2013 7:00am PST
's facing on the left over this deal? >> i think there certainly was some concern especially last night when the details were just coming out and a number of people on the left were saying this is not a good deal. we didn't get the tax margin we wanted. remember president obama campaigned saying he wanted to raise taxes on those making $250,000 or more. this legislation raises taxes on individuals making $400,000 or more and $450,000 for couples. it is not exactly what he campaigned on. you heard some voices from the left coming out and saying, they're concerned that ultimately this is going to lead to steep cuts in important programs. and you heard president obama come out yesterday and say, look. this is not perfect. part of the reason why he came out yesterday by the way, mara, was not just to pressure republicans to sign off on this deal but also to pressure democrats. sort of preempting some of that criticism that the white house and democrats wound up getting late last night when the details of this deal started to emerge. i think there was concern before the senate voted last night bu
CW
Jan 2, 2013 12:00pm CST
. 2013 will still end up being a little bit more costly. late last night the house approved a measure passed earlier by the senate. extending unemployment benefits. a clear victory for president obama the campaign on promises to only raise taxes on the wealthiest americans. i also know all that raises taxes on the wealthiest 2 percent of americans. how this a had a severe impact on families across america. they still will take a financial hit in 2013. at least 2 percent more in payroll taxes. cutting into most workers' paychecks. it will hit illinois and is especially hard. >> is a double whammy. they're getting another tax hike, the 2 percent payroll tax. for a median house and come they might be saving 5000-ton thousand dollars a year. this is $2,100 less. while everybody is happy that the worst was avoided many are disgusted at how the entire ordeal turned up. the little guy is the ones suffering. >> i think it was really irresponsible by our government. both parties led us down. the issue of spending cuts still needs to be addressed within the next two months. they hope that goe
CNBC
Dec 31, 2012 7:00pm EST
are going to go up next year also. >> maybe. >> taxes. >> president obama has never said anyone of those thing. >> happy new year. thank you very much. thank you very much. appreciate it. the night continues head over to cnbc.com for the latest. happy new year everybody and all of 2012. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with con
MSNBC
Dec 31, 2012 2:30am PST
by the one before that. >>> despite that terrible record president obama has signed an executive order giving returning members of congress up to a 1% raise ending a pay freeze going back to 2009. >>> the nature did put in some extra working hours last night but there was some grumbling. one senator said quote this is definitely not a kumbaya moment. and that's your morning dish of scrambled politics. for your new year's eve weather we turn to bill karins. happy new year's eve morning. >> it's a big day, right? >> it is a big day. and a cold one. >> maybe not for you and i but for everyone else it's a fun day. last day of 2012 is very cold. snow to talk about. no big blockbuster snowstorms. the cold air is the story. easily the coldest week of the winter season. in white winter advisories. texas, panhandle of oklahoma, southern indiana and illinois this is where light snow is heading your way. winter weather advisory usually means you'll have slippery travel but not like a blockbuster event. so just travel with care especially northern texas, panhandle of oklahoma up through kansas this mor
CNN
Jan 2, 2013 9:00am PST
chaos after a late night vote in the house. now president obama back on vacation in hawaii. he is prepared to sign this new bill preventing the widespread tax increases and those deep spending cuts. >> thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back into recession and obviously had a severe impact on families all across america. >> so here are specifics on the bill. no income tax increases for couples making less than $450,000 a year. itemized deductions capped for those making 300,000 and taxes go up from 35% to 40%. the unemployment insurance will be extended for a year for 2 million people as well, but the deal does not address the automatic federal spending cuts or the nation's $16.4 trillion debt deficit. the debt ceiling, rather. there's much more drama to come. dan lothian is board air force one on his way to hawaii with the president. dan, i want it to start off with you. ten hours, back in hawaii. is there a
MSNBC
Jan 1, 2013 4:00am PST
. i think it was well inside him. you had a feeling president obama was reaching almost to that point. i still think at that memorial service, it wasn't the night for anger, the night for con sulation. but anger should probably come forward for public officials in weeks ahead. there's room for it in public life because it also moneylizes people as sorrow and good words do. >> no doubt about it. there's nothing wrong with and nothing more powerful than righteous anger when used at appropriate times. i would say certainly in a movie used at an appropriate time as it was in lincoln's life. if this is not the appropriate time for politicians to be righteous in their anger at the state of things, i don't know when is. if not now when? >> doris kearns goodwin, thank you so much. you will also be in our next segment. >> that's exciting. >> a videotape. >>> and doris and jon meacham and the civil war in pennsylvania. next on "morning joe." >> announcer: did you know there are secret black market websites around the world that sell stolen identities? >> 30-year-old american man, excellent cred
NBC
Jan 2, 2013 9:00am EST
just all fit. >> those exercises we were doing earlier. the butter churn. >>> president obama says he will sign the bill that pulled the nation back up from the fiscal cliff. last night a divided house vote diverted income tax hikes for most persons but delayed decisions on spending cuts. congress now needs to raise the debt ceiling, he says, so the government can keep paying its bills. if not, he says the consequences could be far worse than the impact of the fiscal cliff. >>> secretary of state hillary rodham clinton will fully recov recover, doctors are confident, from a blood clot in her head. she is said to be in good spirits and making excellent progress. the blood clot behind her right ear formed after a concussion from a fall. >>> justin bieber's sports car. he was not in the car at the time. the photographer was struck by another vehicle as he returned to his own car. officials say no charges are expected against the driver who hit him. >>> today an open house is being held in connecticut at a repurpose school for survivors of last month's sandy hook elementary massacre. teac
CSPAN
Dec 27, 2012 11:00pm EST
to sermons and sitting in a pew. in fact, barack obama and jeremiah wright had a one-on-one relationship in which literally hundreds of times in riverside's home, at every step of obama's career, he went to bed at night for advice and counsel and label directions. this is a relationship that was closer than any relationship in his life, with the possible exception of his relationship with his own wife, michelle obama. >> did he have any contact with president? >> no, there is no contract. after obama won the presidency, he sent him a note congratulating him on achieving his ambition, as he put it. he gave it to a neighbor of obama's. he didn't know whether to say whether that note was ever delivered. >> who is steve rogers, who you also interviewed? >> he is a professor at the kellogg school of management. at northwestern university. >> what was his connection with president obama? >> like many african-american businessmen and leaders, whom i interviewed, he was an early backer and supporter. he was primary to bobby rush in 2000. the former black panther corpsmen. he went around looking
CNN
Jan 2, 2013 2:00am PST
back. let's get you up-to-date. the house voted last night to avoid going over the fiscal cliff. raising taxes on the wealthiest 2% of americans, but maintaining tax cuts for most people. president obama spoke shortly after the house voted. >> today's agreement enshrines i think a principal into law that will remain in president as long as i'm president. the deficit needs to be reduced in a way that's balanced. everyone pays their fair share. everyone does their part. that's how the economy works best. that's how we grow. >> so right after that, you're seeing the president there, he boarded air force one to fly to hawaii, he wanted to finish his vacation. >>> today the governor of pennsylvania will announce the a lawsuit over the ncaa over the stiff sanctions it imposed on penn state university in the wake of the jerry sandusky scandal. he's the former assistant football coach convicted of sexually abusing boys. the ncaa fined penn state $60 million, stripped the football program of 14 seasons of victories under the late head coach joe paterno. >>> it's a retreat for the connect
FOX News
Jan 1, 2013 7:00am PST
the president's aides would like the house to take up the bill today, that could allow mr. obama to return to hawaii where you point out his family has been since before christmas. mr. obama left hawaii late the night after christmas of the he has been here ever since, even though it was vice president biden who eventually worked out the deal with senate republican leader mitch mcconnell. aides haven't announced whether the president will return, but if he did he could get a couple more days with his wife and daughters and a couple more rounds of golf. the president can sign the legislation in hawaii. that is not the issue but the appearance might not be good if he returns to hawaii before the matter is resolved. the spending fight begins anew soon after his inauguration when he has to ask congress to extend the nation's debt ceiling, rick. rick: it never ends. wendell goler live in front of the white house. wendell, thanks. heather: and more now on the fallout from the fiscal cliff deal as we take a look at the major players on both side of the aisle and figure out the winners and the los
ABC
Dec 31, 2012 3:00am PST
to freeze. >> barack obama has been re-elected president of the united states, declared the winner just after 11:00 eastern last night. winning pretty much all of the key battle ground states, including ohio. breaking developments in the scandal that's already claimed the career of former cia director david petraeus. >> hundreds turned out to remember the 20 children and 6 adults killed in last friday's elementary school massacre. in a very emotional address, the president said simply the country has had enough of this kind of bloodshed. >> charlotte, daniel, olivia, josephine. let us find the strength to carry on and make our country worthy of their memory. >> incredible year. >> the president revealed earlier yesterday that that day of newtown, connecticut, december 14, that was the worst day of his presidency. the toughest day. >> i don't think anybody would argue with that. and on a lighter note, i think i counted 32 different hairstyles. >> 35. what do you prefer, long or short? >> i'm not going to answer that. about the ones we love. g new lysol power & free has more cleaning powe
CBS
Jan 2, 2013 4:00am PST
. thank you. >>> well, our top story, it came down to a late-night vote on capitol hill. but the house has approved a senate bill aimed at preventing across-the-board cuts and hikes. once president obama has signed the will take effect retroactively to the start of the new year. tara mergener reports many critical issues are unresolved. >>> reporter: after months of debating and back room
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